California 3rd best housing market

That's based on the price gains for the 12-month period ended in September, though before you get too excited the increase was only 0.86 percent. New York led the way, at 2.7 percent, followed by North Dakota. Numbers are from CoreLogic. From OC Register:

Mark Fleming, chief economist for CoreLogic: "We're continuing to see price declines across the board with all but seven states seeing a decrease in home prices ... This continued and widespread decline will put further pressure on negative equity and stall the housing recovery."